The utilization of blockchain technology in the energy domain is among the currently most discussed topics in the energy industry.
The Event Horizon 2018 is dedicated to explore and discuss the possibilities and challenge of blockchain technology in the energy domain and to provide a stage for connecting academia, industry, and startups in the field.
Among the 20 papers selected for presenting their work in the Academia Deep Dive Session, Clemens Brunner and Fabian Knirsch present their work on Green Energy Certificates. The proposed scheme allows customers in the smart grid to verify the certified origin of kWh and to verify that energy was produced sustainably from renewable resources. Both, utility providers and privately owned small power plants benefit form certified and verifiable power sources and customers benefit from traceable green energy produced from renewable resources such as solar, wind or water power.
The approach builds on a blockchain for permission-less, transparent, and decentralized verification of issued green energy certificates.
The possible applications of blockchain technology for use cases in the energy domain are also further explored in a joint FFG research project from the Center for Secure Energy Informatics together with Salzburg AG, Salzburg Netz GmbH and Verbund AG.